TECHCOMM 7026 - Innovation & Corporate Venturing

North Terrace Campus - Semester 1 - 2014

This course examines the innovation and entrepreneurial skills required to identify and develop business and project opportunities within the corporate context. These include understanding the fundamentals of commercialisation and how these relate to and influence corporate strategy. The corporation, in turn, influences economies, industry and competitive environments. The course considers the, role of foresight and how different innovation and entrepreneurship processes can be facilitated within a corporate setting. Skills are developed in competitive analysis, new venture and project strategy, including legal and other necessary commercialisation support within the confines of competing business interests. The objectives are to build participant understanding and skills equipping them to create innovative new ventures and projects that add significant new value for the corporation and to industry.

  • General Course Information
    Course Details
    Course Code TECHCOMM 7026
    Course Innovation & Corporate Venturing
    Coordinating Unit Entrepreneurship, Commercialisation & Innov Centre
    Term Semester 1
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Contact intensive
    Assessment Assignments
    Course Staff

    Course Coordinator: Dr Allan O'Connor

    Name: Simon Williams

    Short Bio:
    Mr Simon Williams has extensive experience in all aspects of sourcing, evaluating and developing opportunities. He has been a small business owner and has worked in large corporations. Simon’s roles have included State Manager of the Australian Institute for Commercialisation, CEO of Itek which is UniSA’s commercialisation company, and founder of the organisational psychology firm, Your Future Edge. Simon has been a director of six companies in the fields of Cleantech, Biotechnology and ICT. Simon also has a background in finance and is a member of the Australian Institute of Company Directors. Simon brings know-how in managing intellectual property and negotiating partner agreements across various research organisations and industry sectors both nationally and internationally and is passionate about early stage companies.

    Email: simon.williams@adelaide.edu.au

    Phone: +61 8 8313 7422
    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

    Opening intensive:
    Monday 3rd & Tuesday 4th March 2014
    9am-5pm
    Masonic Lodge B03 Seminar Room West

    Closing intensive:
    Monday 31st March & Tuesday 1st April 2014
    9am-5pm
    Napier 210
  • Learning Outcomes
    Course Learning Outcomes

    The key learning objectives of this course are:

    1. Explain the nature and importance of innovation and entrepreneurship within an established organisation.
    2. Identify corporate and start-up entrepreneurship similarities and differences, and key characteristics of each.
    3. Examine an established organisational culture and formulate corporate objectives and strategies that support the development of entrepreneurial behaviour.
    4. Describe the challenges and processes involved in commercialising new products and projects within a corporate context.
    5. Demonstrate skills for developing and selling ideas that engage an organisation in new venture processes and/or the development of commercial applications for innovation.
    6. Interact with peers as part of the continuing learning process.
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1,2,4
    The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 3,6
    An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 3,6
    Skills of a high order in interpersonal understanding, teamwork and communication. 4,5
    A proficiency in the appropriate use of contemporary technologies. 1-6
    A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life. 5,6
    A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community. 5,6
    An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 5,6
  • Learning Resources
    Required Resources
    The University’s preferred textbook supplier is Unibooks: http://www.unibooks.com.au/
    Text book:

    The following texts are suggestions to provide background to the lectures. While they are not required, they are very informative and will add scope to your studies:

    Michael H Morris, Donald F Kuratko and Jeffrey G. Covin, (2011) Corporate Entrepreneurship & Innovation, 3rd Edition, SOUTH –WESTERN Cengage Learning ISBN–10: 0-538-47892-6

    Hamel, G (2012), What Matters Now: How to Win in a World of Relentless Change, Ferocious Competition, and Unstoppable Innovation, Josey-Bass, Wiley Imprint, New Jersey
  • Learning & Teaching Activities
    Learning & Teaching Modes

    No information currently available.

    Workload

    No information currently available.

    Learning Activities Summary

    No information currently available.

  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    No information currently available.

    Assessment Detail

    No information currently available.

    Submission

    No information currently available.

    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.